NEW YORK, July 1, 2008 (PRIME NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announces that several important enhancements to NASDAQ Market Replay have been implemented today, including the ability to offer intra-day replays and the inclusion of trade data, in addition to quote data, in the replay results. Market Replay is a powerful trading and compliance tool that provides a NASDAQ-validated replay and analysis of the market for securities listed on all major U.S. equity markets.
Market Replay has been enhanced to allow same-day replays of the market using NASDAQ-validated data for U.S.-listed equity securities. Previously, Market Replay provided historical data that was accessible to users beginning with the previous trading day.
Additionally, the market replays now include every executed trade along with the corresponding best bid and offer quote activity, to provide investors a complete view of the market activity in a particular stock, down to the millisecond, during the requested replay period.
Market Replay has also been enhanced to allow users to quickly access data for NYSE- and Amex-listed equity securities, in addition to the data that was previously provided for NASDAQ-listed securities.
"With an enhanced NASDAQ Market Replay, all investors can now instantly discover in even greater detail exactly how a trade was executed," stated NASDAQ OMX Executive Vice President Adena Friedman. "In an affordable and easy-to-use visual tool, Market Replay allows users to confirm best execution and learn more about intricacies of trading in the U.S. equity markets."
NASDAQ Market Replay provides replay and analysis of quote and trade activity in simulated real-time, with a customizable zoom feature to view events at the millisecond level to see exactly what happened. Following the completion of a trade, Market Replay allows users to analyze whether their trade received best execution and permits compliance officers to confirm if a trade met compliance standards.
Market Replay can be used for a variety of functions by all market participants including institutional and retail investors, professional and non-professional traders, and compliance officers. Market Replay enables users to:
* Review a situation for analysis or training; * Analyze whether a trade complied with best-execution requirements; * Review interesting situations and missed opportunities; * Share a replay with clients to confirm best execution quality;
Market Replay is immediately accessible directly from NASDAQ OMX. To order, please contact DataSales@nasdaqomx.com or 301.978.5307.
Market Replay was developed with Adobe(r) Flex(r) 3 and deployed on Adobe(r) AIR(tm). Adobe Flex is a cross-platform framework for creating rich Internet applications (RIAs) and Adobe AIR lets developers use their existing Web development skills in HTML, Ajax, Flash and Flex to deploy RIAs to the desktop. For more information about Adobe AIR, visit www.adobe.com/go/air.
About NASDAQ OMX
The NASDAQ OMX Group, Inc. is the world's largest exchange company. It delivers trading, exchange technology and public company services across six continents, and with over 3,900 companies, it is number one in worldwide listings among major markets. NASDAQ OMX Group offers multiple capital raising solutions to companies around the globe, including its U.S. listings market; the OMX Nordic Exchange, including First North; and the 144A PORTAL Market. The company offers trading across multiple asset classes including equities, derivatives, debt, commodities, structured products and ETFs. NASDAQ OMX Group technology supports the operations of over 60 exchanges, clearing organizations and central securities depositories in more than 50 countries. OMX Nordic Exchange is not a legal entity but describes the common offering from NASDAQ OMX Group exchanges in Helsinki, Copenhagen, Stockholm, Iceland, Tallinn, Riga, and Vilnius. For more information about NASDAQ OMX, visit www.nasdaqomx.com.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about NASDAQ Market Replay and other NASDAQ OMX's strategic initiatives. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
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